Civic Intelligence

Davidson Water Inc

990 • Fiscal year 2023 • EIN 56-1057522

Oct 01, 2022 to Sep 30, 2023 • Filed on Feb 08, 2024

Organization ProfileWWW.DAVIDSONWATER.COM

View Organization Page

PO Box 969Welcome, NC 27374

(336) 731-5500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

1st percentile

0.01x

Higher debt load relative to assets than 1% of similar nonprofits.

2023 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

1st percentile

0.09x

Higher debt load relative to revenue than 1% of similar nonprofits.

2023 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2023

Net Margin

95th percentile

15%

Higher net margin than 95% of similar nonprofits.

2023 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

8th percentile

$214,427

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2023 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2023

Asset Growth

52nd percentile

4.3%

Faster asset growth than 52% of similar nonprofits.

2023 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

93rd percentile

19%

Faster revenue growth than 93% of similar nonprofits.

2023 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$162,764,145

Up $6,648,179 (+4.3%) from 2022

Net Assets

Up

$160,889,513

Up $6,295,774 (+4.1%) from 2022

Liabilities

Up

$1,874,632

Up $352,405 (+23%) from 2022

Revenue And Expenses
Liabilities / Revenue1st percentileNet Margin95th percentile

Revenue

Up

$21,946,834

Up $3,484,452 (+19%) from 2022

Expenses

Up

$18,702,022

Up $1,742,305 (+10%) from 2022

Net Income

Up

$3,244,812

Up $1,742,147 (+116%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2011: $101,314,891Liabilities 2011: $4,894,568Net Assets 2011: $96,420,3232011Assets 2012: $117,922,259Liabilities 2012: $16,374,789Net Assets 2012: $101,547,4702012Assets 2013: $127,417,738Liabilities 2013: $22,398,855Net Assets 2013: $105,018,8832013Assets 2014: $131,693,700Liabilities 2014: $22,234,067Net Assets 2014: $109,459,6332014Assets 2015: $135,842,061Liabilities 2015: $21,344,682Net Assets 2015: $114,497,3792015Assets 2016: $141,573,521Liabilities 2016: $21,168,304Net Assets 2016: $120,405,2172016Assets 2017: $146,022,253Liabilities 2017: $21,073,546Net Assets 2017: $124,948,7072017Assets 2018: $149,651,347Liabilities 2018: $20,139,886Net Assets 2018: $129,511,4612018Assets 2019: $149,280,733Liabilities 2019: $13,010,303Net Assets 2019: $136,270,4302019Assets 2020: $144,718,209Liabilities 2020: $2,694,770Net Assets 2020: $142,023,4392020Assets 2021: $151,736,687Liabilities 2021: $1,645,356Net Assets 2021: $150,091,3312021Assets 2022: $156,115,966Liabilities 2022: $1,522,227Net Assets 2022: $154,593,7392022Assets 2023: $162,764,145Liabilities 2023: $1,874,632Net Assets 2023: $160,889,5132023Assets 2024: $171,439,990Liabilities 2024: $2,023,436Net Assets 2024: $169,416,5542024Assets 2025: $182,896,578Liabilities 2025: $2,216,365Net Assets 2025: $180,680,2132025

Highlighted filing

2023

Assets$162,764,145
Liabilities$1,874,632
Net Assets$160,889,513
Open 2023 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0Revenue 2011: $15,742,565Expenses 2011: $10,343,052Net Income 2011: $5,399,5132011Revenue 2012: $15,537,130Expenses 2012: $11,068,582Net Income 2012: $4,468,5482012Expenses 2013: $12,044,5162013Revenue 2014: $16,867,173Expenses 2014: $12,715,321Net Income 2014: $4,151,8522014Revenue 2015: $17,849,289Expenses 2015: $13,014,795Net Income 2015: $4,834,4942015Revenue 2016: $18,920,910Expenses 2016: $13,347,570Net Income 2016: $5,573,3402016Revenue 2017: $18,007,311Expenses 2017: $14,357,252Net Income 2017: $3,650,0592017Revenue 2018: $19,515,166Expenses 2018: $14,773,973Net Income 2018: $4,741,1932018Revenue 2019: $19,502,314Expenses 2019: $15,548,159Net Income 2019: $3,954,1552019Revenue 2020: $20,052,231Expenses 2020: $15,875,379Net Income 2020: $4,176,8522020Revenue 2021: $21,916,629Expenses 2021: $15,885,183Net Income 2021: $6,031,4462021Revenue 2022: $18,462,382Expenses 2022: $16,959,717Net Income 2022: $1,502,6652022Revenue 2023: $21,946,834Expenses 2023: $18,702,022Net Income 2023: $3,244,8122023Revenue 2024: $25,015,303Expenses 2024: $20,172,002Net Income 2024: $4,843,3012024Revenue 2025: $27,927,249Expenses 2025: $21,454,807Net Income 2025: $6,472,4422025

Highlighted filing

2023

Revenue$21,946,834
Expenses$18,702,022
Net Income$3,244,812
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Feb 8, 2024
Return Version
2022v5.0
Gross Receipts
$26,763,528
Mission and Program Overview

Mission

Providing quality drinking water for over 50 years

PROVIDE WATER SERVICES

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$120,414,865$121,134,470▲ $719,605
Rtn Earn Endowment Incm Other Fnds$103,184,080$105,917,860▲ $2,733,780
Cap Stk Tr Prin Current Funds$51,409,659$54,971,653▲ $3,561,994
Investments in Publicly Traded Securities$22,525,842$29,700,687▲ $7,174,845
Savings and Temporary Cash Investments$7,962,095$6,019,018▼ $1,943,077
Inventories for Sale or Use$2,288,511$2,557,288▲ $268,777
Accounts Receivable$1,967,577$2,008,022▲ $40,445
Cash and Non-Interest-Bearing Accounts$642,531$959,058▲ $316,527
Investments Other Securities$169,409$151,683▼ $17,726
Other Notes and Loans Receivable, Net$90,326$80,453▼ $9,873
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$156,115,966$162,764,145▲ $6,648,179
Other Assets Total$54,810$153,466▲ $98,656
Liabilities
Other Liabilities$732,816$1,051,836▲ $319,020
Accounts Payable and Accrued Expenses$789,411$822,796▲ $33,385
Total Liabilities$1,522,227$1,874,632▲ $352,405
Net Assets / Fund Balance
Total Net Assets Fund Balance$154,593,739$160,889,513▲ $6,295,774
Total Liabilities and Net Assets / Fund Balance$156,115,966$162,764,145▲ $6,648,179

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$116,124,400$103,874,159$219,998,559
Equipment$2,066,065$6,648,030$8,714,095
Buildings$949,689$2,137,196$3,086,885
Land$1,994,316-$1,994,316
Compensation and Service Providers
Top Officer Pay8th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald B SinkCEO and General ManagerFT$188,251$26,176$214,427
Robert J WaltersVice President of ConstrucFT$154,617$23,744$178,361
Eric M HegeCIOFT$146,763-$146,763
Alison Brinkley-michaelCFOFT$119,189-$119,189
Ben HegeBoard Vice-president-$9,600-$9,600
F Lee ComerBoard President-$8,700-$8,700
Theresa L MatthewsBoard Treasurer-$6,600-$6,600
David Reid SmithBoard Secretary-$6,300-$6,300
Chad B YoungDirector-$4,800-$4,800
Christopher FitzgeraldDirector-$4,500-$4,500
Howard CraverDirector-$4,500-$4,500
Sheila PotterDirector-$4,500-$4,500
James LouyaDirector-$4,200-$4,200
Victor K PhillipsDirector-$4,200-$4,200
Jason HedgecockDirector-$4,200-$4,200
Jason GallimoreDirector-$3,900-$3,900
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$20,903,973
Investment Income
$929,102
Other Revenue
$113,759
Change in Net Assets
$3,244,812

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,946,834
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$21,946,834
Total Revenue per Form 990
$21,946,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,016,907
Salaries, Compensation, and Employee Benefits$7,685,115
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$5,782,705
Comp Disqual Persons---$5,763,825
All Other Expenses---$1,137,361
Other Employee Benefits---$1,130,165
Other Expenses---$882,494
Office Expenses---$466,840
Payroll Taxes---$416,787
Pension Plan Contributions---$374,338
Conferences and Meetings---$108,801
Fees for Service Investment Mgmnt Fees---$60,571
Information Technology---$44,946
Fees for Services Other---$36,977
Fees for Services Accounting---$17,950
Fees for Services Legal---$17,040
Total Functional Expenses$0$0$0$18,702,022

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$18,702,022
Total Expenses per Audited Statements$18,702,022
Total Expenses per Form 990$18,702,022
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$1,051,836
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Davidson water, inc. Has members.”

Form 990, Part VI, Section A, Line 7A

“Some of the board of directors are members of the organization and have a vote along with thousands of other members to elect members of the governing body.”

Form 990, Part VI, Section A, Line 7B

“Major decisions by the board are subject to vote by the members by person or by proxy.”

Form 990, Part VI, Section B, Line 11B

“The form 990 was provided to the board members for their review prior to filing.”

Form 990, Part VI, Section C, Line 19

“Officers, directors, and highly paid employees are required to disclose any conflicts of interest. They are required to sign a conflict of interest disclosure statement and update it with any changes that may occur.”

Filing and Contact Details

Filer

Filer Name
Davidson Water Inc
EIN
56-1057522
Phone
3367315500
Address
PO BOX 969, WELCOME, NC 27374

Signing Officer

Name
Ronald B Sink
Title
CEO and General Manager
Phone
3367315500
Signed
2024-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald B Sink
Formed
1973
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
88
Volunteers
0

Preparer

Firm
Turlington and Company Llp
Address
PO BOX 1697, LEXINGTON, NC 27293-1697
Preparer
Robert D Biesecker Jr
Phone
3362496856
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net change in membership & contributions in aid of 3,561,994. Construction during the year change in accumulated other comprehensive loss 87,429. Retirement of patronage capital retirement of patronage capital -598,461.”

Form 990, Part XII, Line 2C

“The company's process related to the oversight of the audit of the financial statements has not changed from the previous year.”

Financial Statement Notes

PART X, LINE 2:

“N/A”

Raw XML AppendixShowing 400 of 488 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/GainOrLossGrp/OtherAmt0118356
IRS990/GainOrLossGrp/SecuritiesAmt027814
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0151312
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04811552
IRS990/GrossReceiptsAmt026763528
IRS990/GrossRentsGrp/PersonalAmt057993
IRS990/GrossRentsGrp/RealAmt055766
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt044946
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02288511
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02557288
IRS990/InvestmentIncomeGrp/ExclusionAmt0782932
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0782932
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0169409
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0151683
IRS990/InvestmentsPubTradedSecGrp/BOYAmt022525842
IRS990/InvestmentsPubTradedSecGrp/EOYAmt029700687
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0112659385
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0120414865
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0121134470
IRS990/LandBldgEquipCostOrOtherBssAmt0233793855
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt032956
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04783738
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt020611454
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING QUALITY DRINKING WATER FOR OVER 40 YEARS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0154593739
IRS990/NetAssetsOrFundBalancesEOYAmt0160889513
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0146170
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0146170
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt055766
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0113759
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt057993
IRS990/NetUnrelatedBusTxblIncmAmt055568
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0466840
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt054810
IRS990/OtherAssetsTotalGrp/EOYAmt0153466
IRS990/OtherChangesInNetAssetsAmt03050962
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01130165
IRS990/OtherExpensesGrp/Desc0INCOME TAX
IRS990/OtherExpensesGrp/Desc1EQUIPMENT AND MAINTANCE
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3ELECTRICITY
IRS990/OtherExpensesGrp/TotalAmt013522
IRS990/OtherExpensesGrp/TotalAmt11338792
IRS990/OtherExpensesGrp/TotalAmt21108908
IRS990/OtherExpensesGrp/TotalAmt3882494
IRS990/OtherLiabilitiesGrp/BOYAmt0732816
IRS990/OtherLiabilitiesGrp/EOYAmt01051836
IRS990/OtherSourcesGrossIncomeAmt01335380
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt090326
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt080453
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0416787
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0374338
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RONALD B SINK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1RECONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc2SEWER COLLECTION
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0217809
IRS990/ProgramServiceRevenueGrp/ExclusionAmt174710
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020229781
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1381673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020229781
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1381673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2217809
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt374710
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-1641637
IRS990/PYOtherExpensesAmt010202829
IRS990/PYOtherRevenueAmt0126185
IRS990/PYProgramServiceRevenueAmt019977834
IRS990/PYRevenuesLessExpensesAmt01502665
IRS990/PYSalariesCompEmpBnftPaidAmt06756888
IRS990/PYTotalExpensesAmt016959717
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt018462382
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03244812
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt057993
IRS990/RentalIncomeOrLossGrp/RealAmt055766
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt020903973
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0103184080
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0105917860
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07962095
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06019018
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0949689
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02137196
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03086885
IRS990ScheduleD/EquipmentGrp/BookValueAmt02066065
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06648030
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08714095
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt018702022
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01994316
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01994316
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0116124400
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0103874159
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0219998559
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01051836
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt021946834
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0N/A
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0121134470
IRS990ScheduleD/TotalExpensesPerForm990Amt018702022
IRS990ScheduleD/TotalLiabilityAmt01051836
IRS990ScheduleD/TotalRevenuePerForm990Amt021946834
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt021946834
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt018702022
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0188251
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1154617
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt026176
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt123744
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RONALD B SINK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ROBERT J WALTERS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO AND GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT OF CONSTRUC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0214427
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1178361
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVIDSON WATER, INC. HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SOME OF THE BOARD OF DIRECTORS ARE MEMBERS OF THE ORGANIZATION AND HAVE A VOTE ALONG WITH THOUSANDS OF OTHER MEMBERS TO ELECT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MAJOR DECISIONS BY THE BOARD ARE SUBJECT TO VOTE BY THE MEMBERS BY PERSON OR BY PROXY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS PROVIDED TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICERS, DIRECTORS, AND HIGHLY PAID EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. THEY ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT AND UPDATE IT WITH ANY CHANGES THAT MAY OCCUR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NET CHANGE IN MEMBERSHIP & CONTRIBUTIONS IN AID OF 3,561,994. CONSTRUCTION DURING THE YEAR CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS 87,429. RETIREMENT OF PATRONAGE CAPITAL RETIREMENT OF PATRONAGE CAPITAL -598,461.

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$162,764,145
Liabilities
$1,874,632
Net assets
$160,889,513
Revenue
$21,946,834
Expenses
$18,702,022
Net income
$3,244,812
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$183$2.22$181$27.9$21.5$6.47
2024Detailed filing. Detailed filing data is available for this year.$171$2.02$169$25.0$20.2$4.84
2023Detailed filing. Detailed filing data is available for this year.$163$1.87$161$21.9$18.7$3.24
2022Detailed filing. Detailed filing data is available for this year.$156$1.52$155$18.5$17.0$1.50
2021Detailed filing. Detailed filing data is available for this year.$152$1.65$150$21.9$15.9$6.03
2020Detailed filing. Detailed filing data is available for this year.$145$2.69$142$20.1$15.9$4.18
2019Detailed filing. Detailed filing data is available for this year.$149$13.0$136$19.5$15.5$3.95
2018Detailed filing. Detailed filing data is available for this year.$150$20.1$130$19.5$14.8$4.74
2017Detailed filing. Detailed filing data is available for this year.$146$21.1$125$18.0$14.4$3.65
2016Detailed filing. Detailed filing data is available for this year.$142$21.2$120$18.9$13.3$5.57
2015Detailed filing. Detailed filing data is available for this year.$136$21.3$114$17.8$13.0$4.83
2014Detailed filing. Detailed filing data is available for this year.$132$22.2$109$16.9$12.7$4.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$127$22.4$105$12.0
2012Summary only. Only limited summary data is available for this year.$118$16.4$102$15.5$11.1$4.47
2011Summary only. Only limited summary data is available for this year.$101$4.89$96.4$15.7$10.3$5.40